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| Home : News Release: Paramount Resources Ltd. Completes Previously Announced Flow-Through Share Offering |
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Oct 02
2012 |
News Release: Paramount Resources Ltd. Completes Previously Announced Flow-Through Share Offering |
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CALGARY, ALBERTA--(Marketwire - Oct. 2, 2012) - Paramount Resources Ltd. (TSX:POU) ("Paramount" or the "Company") has completed its previously announced public offering of "flow-through" common shares for gross proceeds of $70,037,400. The proceeds will be used by Paramount to incur eligible Canadian exploration expenses and eligible Canadian development expenses. The shares were sold through a syndicate of underwriters led by BMO Capital Markets. |
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| Source:http://www.marketwire.com/mw/release.do?id=1708247&sourceType=3 |
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